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Former Trump Organization CFO Released From Jail

Donald Trump via Gage Skidmore Flickr

Former Trump Organization Chief Financial Officer Allen Weisselberg has been released from prison.

According to reports from CNBC, he was promised a sentence of five months in jail to be served on Rikers Island and five years’ probation in exchange for his testimony and agreed to repay nearly $2 million in taxes owed.

He was sentenced to five months behind bars but was eligible for release after 100 days with time off for good behavior.

Weisselberg pleaded guilty in August to all 15 charges: one count of grand larceny in the second degree; three counts of criminal tax fraud in the third degree; one count of scheme to defraud in the first degree; one count of conspiracy in the fourth degree; one count of criminal tax fraud in the fourth degree; four counts of offering a false instrument for filing in the first degree; and four counts of falsifying business records in the first degree. (RELATED: Longtime Trump Org CFO Heads to Rikers Island)

Weisselberg, while no longer the company’s chief financial officer, remained employed with Trump’s family real estate firm and expected to make more than $1 million last year in salary and bonuses, according to his testimony.

In December, a Manhattan jury found two Trump Organization companies, the Trump Corp. and Trump Payroll Corp., guilty of criminal tax fraud.


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